Kazakhstan increased wheat exports by 9%.
Kerala millers reject poor paddy.
Kerala millers reject poor paddy.
Russia oilseed stocks in early Feb. down just 9.4% on the year
Russian growers held 2573 KMT of oilseeds as of February 1, 2018, i.e. 11 KMT (0.4%) less than on the same date last year (2573 KMT). The oilseed inventories decreased by 250 KMT in January. The farming entities held 1490 KMT of sunseed that is down 133 KMT (8.2%) from February 1, 2017 (1620 KMT). Its stocks fell by 130 KMT in January.
Ukraine winter rapeseed conditions best over the past four years
Winter rapeseed had emerged on 98.6% of its planted area of 1009.8 Th ha. This includes 56.2% (559.8 Th ha) of plantings currently in good condition, 0.1% (1.0 Th ha) of winter rape had been lost. Ukrainian farmers have started spring field work. By March 02, winter rapeseed nutrition has been carried out on 184.3 Th ha or 18% of the planted area (1009.8 Th ha) compared to 186 Th ha last year.
Surge in arrivals weigh on Jaipur mustard seed
Prices of mustard seed fell in Jaipur, Rajasthan, due to a surge in arrivals coupled with lacklustre demand from domestic millers and crushers. Improved harvesting activities in northern region also impacted market sentiments negatively.
NCDEX mustard down on higher arrivals, weak demand
Futures of mustard seed on the NCDEX fell due to higher daily arrivals amid tepid demand from oil millers. Weakness in other edible oils, particularly soyoil, and sluggish demand from oil millers is seen weighing on prices of mustard.
Soybean price down in Indore on thin demand for meal
Soybean prices in Indore fell because of lower demand from crushers who produce soymeal. Lower meal demand is seen pushing prices of the oilseed lower. The most active April futures on the NCDEX, however, rose 2.4%.
Sugar industry expects government to scrap export duty this week.
Sugar industry expects government to scrap export duty this week.
Soybean down in Indore on low demand from crushers
Soybean prices in Indore were down because of lower demand for the oilseed from crushers for production of its derivatives, particularly soymeal. The most active April futures on the NCDEX were down 2.4%. Rajfed announced to purchase mustard, chana, wheat at support price.
Wilmar Sugar makes open offer to buy 26% stake in Renuka Sugars.
Wilmar Sugar makes open offer to buy 26% stake in Renuka Sugars.
NCDEX mustard down 1.7% as arrivals likely to spike
Futures contracts of mustard seed fell 1.7% on the NCDEX due to expectation of a spike in crop arrivals. The most active April futures contract was down 1.7% at 4,167 rupees per 100 kg. Output in Uttar Pradesh and Madhya Pradesh is expected to be higher than estimated.
Centre-south Brazil Feb 16-28 sugar output 5,000 tonne, down 73.8% YoY.
Centre-south Brazil Feb 16-28 sugar output 5,000 tonne, down 73.8% YoY.
Delhi chana prices down on low demand from millers
Prices of chana fell in Delhi because of low demand from millers. Sentiment is likely to remain bearish because of expectation of record high production. The most-active April futures on NCDEX were down 1.6%.
Shares of Indian sugar companies fall by up to 75% due to a sharp fall in prices.
Shares of Indian sugar companies fall by up to 75% due to a sharp fall in prices.
Tur prices down in Kalaburagi on weak demand
Prices of tur fell in Kalaburagi, a key market, despite a decline in arrivals due to subdued demand from millers. Supplies are usually higher on the first day of the week and decline as the week progresses.
Pakistan rice exports register 27% growth.
Pakistan rice exports register 27% growth.
Australia’s chickpea exports drop 22pc over January
Australia’s January chickpea exports at 62,781 tonnes dropped 22 per cent from the revised December total of 80,161 tonnes. The drop reflects the impact of the tariff imposed by India in December, which saw January sales to that market total 675 tonnes, down from 21,000 tonnes in December and 185672 tonnes in november.
ITC to enter branded rice segment by end this year, said S. Sivakumar.
ITC to enter branded rice segment by end this year, said S. Sivakumar.
Coriander up in Kota on firm demand, low output view
Prices of coriander rose in Kota, Rajasthan because of higher domestic demand amid expectations of a decline in production in the current year. Demand for the well-dried spice is rising as the heat is helping the moisture subside.
Canadian wheat bids track U.S. futures lower.
Canadian wheat bids track U.S. futures lower.
